The Accuracy Of Equity Research: Consistently Wronghttp://www.businessinsider.com/equity-research-is-consistently-wrong-2014-1/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Sun, 02 Aug 2015 19:31:30 -0400The Economisthttp://www.businessinsider.com/c/52dd4b45ecad049d7b2ed0f9krypticMon, 20 Jan 2014 11:13:58 -0500http://www.businessinsider.com/c/52dd4b45ecad049d7b2ed0f9
More akin to using a map of London to drive around Los Angeles. The advise is actually worse than no advise.http://www.businessinsider.com/c/52dc91a3eab8eae154df3017TommyBoySun, 19 Jan 2014 22:01:55 -0500http://www.businessinsider.com/c/52dc91a3eab8eae154df3017
They had to do a whole academic study to figure this out? Any buy side analyst or PM who's been around for a few cycles can tell you why sell side analysts forecasts are even worse during bear markets. Bear markets always go down faster than bull markets go up. Same thing for economic expansions vs. recessions. You couple this with the fact that sell side estimates generally move only incrementally and its a recipe for much bigger estimate misses on the way down than up!http://www.businessinsider.com/c/52dc6ea06bb3f77941bfc1febdsamsSun, 19 Jan 2014 19:32:32 -0500http://www.businessinsider.com/c/52dc6ea06bb3f77941bfc1fe
There is a startup working to compute this data real time - www.tracour.comhttp://www.businessinsider.com/c/52d97af06bb3f7911376926fDefunkdReaderFri, 17 Jan 2014 13:48:16 -0500http://www.businessinsider.com/c/52d97af06bb3f7911376926f
Better to have a poorly-drawn map than to be using your eyes in the fog...
...says this map maker.